Hello peeps, today I am going to tell you about Tally Ho Wallet, what it is, how it works and how to create one ?
As, you are all aware of the writing contest in Publish0x website informs us a new wallet that is Tally Ho wallet.
Tally Ho wallet symbol
It is new wallet arrived in web3 ecosystem, yet in developer state, but you can use it as test and regular wallet.
It competes Metamask wallet, which means every time when you choose metamask connection in any site, it will be opened for signing connection, but you can opt out for this by the wallet settings by turning off Use Tally Ho as your default wallet radio button.
Switch off Use Tally Ho as your default wallet, if you don't need it as default wallet.
Now, comes to questions :-
1- What it is?
Ans. It is similar wallet compared to many other web3 wallets, alternative of metamask and other wallets.
You can download this wallet from it's website Here.
It is now currently available for Google Chrome, Mozilla Firefox and Brave Browser.
2- How it works and Why to use Tally Ho wallet to connect to DeFi and web3 ?
Ans. First of all, I like to inform about that Tally Ho is a Community owned wallet which means all swap fees and transactions will be through Decentralized Autonomous Organization (DAO), and also surprisingly Tally Ho wallet has low swap fees than metamask wallet i.e 0.5 % vs 1 % .
Owned by a community, not a conglomerate.
All wallet fees go to the Tally Ho community.
3- How to create one Tally Ho wallet for yours ?
Ans. First go to https://tally.cash/ and download the Tally Ho wallet as for your desired main web browser.
After that pin the wallet on the status bar of browser window like this :-
Then click on Tally Ho extension and click on create a new wallet just like you did in creating many other wallets like in metamask wallet i.e
1- Set a password for new wallet.
2- Click on reveal secret recovery phrase
3- Copy and write down the recovery phrase and store it to safe place.
4- Click Next, and write down or copy paste your recovery phrase to confirm.
5- Click next and congratulations your wallet is created.
Currently the wallet had only 2 chains, one is Ethernum and second is Polygon Matic, by which you can buy, sell or work with web3 assets.
#TallyHoWallet
This is for today. Thanks for reading.
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